Kore Energy

Gas Market NBP curve contracts clawed back some of Friday’s losses yesterday, with ongoing concerns surrounding Donald Trump’s recent threats to impose further sanctions on Russia and its energy buyers providing the upside. The front month contract edged up by 0.71p day-on-day to end the session at 84.59p per therm. Progress in terms storage levels […]

Gas Market NBP gas prices were steady on Thursday as market participants weighed tariff-related uncertainty and its potential impact on broader economic conditions. The new front-month contract rose slightly by 0.51p to settle at 86.84p/th, while the Winter-25 contract edged up just 0.13p. An unplanned outage at Norway’s Karsto gas processing plant reduced flows by […]

Gas Market   The early pattern of oscillation between gains and losses for near month futures on the NBP curve continued through the session as the market wrestled to find direction on Wednesday. It was the last day for buying the front month, August, on the ICE platform and the contract ended the day a […]

Gas Market NBP gas prices posted a third consecutive day of gains on Tuesday, with the near months up by an average of 3.6% on heightened geopolitical tensions. The market was supported by U.S. President Donald Trump’s renewed pressure on President Putin, threatening secondary sanctions on Russia unless progress towards an end to the war […]

Gas Market NBP gas prices eased in early trading, pressured by strong Norwegian flows and the market reaction to the announcement of an EU-U.S. trade deal. While agreement allays fears of an escalating trade war, it includes a 15% tariff on U.S. imports on most EU goods, significantly higher than the effective rate of 2.5% […]

Gas Market   After a relatively subdued week, very little changed in the gas markets and near futures settled just over a penny higher on Friday. The August contract settled at 79.06p per therm which was towards the lower level of the price range for the front month during July. The low for the contract […]

Gas Market Near-curve NBP gas prices eased on Thursday, with the front-month contract slipping as market confidence grew around the EU’s progress toward meeting its winter storage target. In contrast, contracts further along the curve were supported by strong gains in carbon markets. Although European gas storage remains 17.33% below 2024 levels, the gap has […]

Gas Market After spending much of Wednesday’s morning session in positive territory, NBP curve prices began to fall back in the afternoon. Despite the US – Japan trade agreement reached late on Tuesday providing a somewhat renewed economic outlook, markets remained tentative to the ongoing US – EU trade negotiations. Meanwhile, peace talks between Russia […]

Gas Market With market fundamentals largely unchanged on Tuesday, NBP curve movements were muted. Donald Trump’s August 1st deadline continues to hang over markets, with prices awaiting direction depending on the outcome of talks. Meanwhile, European storage levels continue to edge up, currently sitting at 65.4% full, 17.7% lower than this time last year. Despite […]

Gas Market NBP gas prices traded within a narrow range for most of Monday as the market assessed steady weather forecasts and gas-for-power demand. However, prices softened late in the session following analyst reports suggesting the EU is on track to meet its October 1st gas storage target, supported by reduced Chinese LNG demand. Chinese […]